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MLV & Co Sees Better Operating Expenses As Value Driver For Gulfport Energy

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In a report published Thursday, MLV & Co analyst Chad Mabry reiterated a Hold rating on Gulfport Energy Corporation (NASDAQ: GPOR).

In the report, MLV & Co noted, “We're becoming more constructive on GPOR and see the stock trading toward our $59 NAV to the extent it continues to regain investor confidence by beating guidance targets. But while the company is advantaged by a top-tier acreage position in the Utica and a strong balance sheet, it is not immune to pricing pressures in the play and will need to address liquidity into 2015. We are maintaining our Hold rating as we see better ways to gain exposure to the Utica at these levels.”

Gulfport Energy closed on Wednesday at $48.54.

Latest Ratings for GPOR

DateFirmActionFromTo
Aug 2020Morgan StanleyMaintainsUnderweight
Aug 2020Piper SandlerMaintainsUnderweight
May 2020Imperial CapitalMaintainsOutperform

View More Analyst Ratings for GPOR
View the Latest Analyst Ratings

 

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Posted-In: Chad Mabry MLV & CoAnalyst Color Reiteration Analyst Ratings

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